Tower Systems Furniture (production) Limited in Hertford, SG14 3FF

Description

Data updated on: 06-03-2023

Tower Systems Furniture (production) started conducting its business in the year 2005 as a Private Limited Company under the following Company Registration No.: 05433106. The company's registered office was based in Hertford at 95 Buckwells Field. This particular Tower Systems Furniture (production) Limited business had been offering its services for 18 years.

The following firm was overseen by one managing director: Andrew C., who was assigned this position on 2005-12-10.

Andrew C. was the individual who controlled this firm, had substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31
Currency
Net Worth	-130 726	46 913	121 205	174 050	171 447	176 141

Balance Sheet
Cash Bank On Hand						108 374	94 198	40 101	56 558	92 308	179 755
Current Assets	317 765	410 276	406 704	494 435	413 064	411 860	372 916	332 605	322 033	228 929	292 494
Debtors	221 977	201 294	223 195	181 251	173 757	216 645	192 246	190 175	161 996	33 142	81 249
Net Assets Liabilities						176 142	177 897	178 083	151 632	153 115	161 866
Other Debtors						6 670	6 182	9 309	20 747	14 063	21 110
Property Plant Equipment						20 682	15 511	11 633	8 725	6 544	4 908
Total Inventories						86 842	86 472	102 329	103 479	103 479	31 490
Cash Bank In Hand	21 911	102 947	82 266	218 020	143 714	108 373
Net Assets Liabilities Including Pension Asset Liability	-130 726	46 913	121 205	174 050	171 447	176 141
Stocks Inventory	73 877	106 035	101 243	95 164	95 593	86 842
Tangible Fixed Assets	62 285	47 205	42 910	33 047	24 954	20 682

Capital & Reserves
Called Up Share Capital	100 000	200 000	200 000	200 000	200 000	200 000
Profit Loss Account Reserve	-230 726	-153 087	-78 795	-25 950	-28 553	-23 859
Shareholder Funds	-130 726	46 913	121 205	174 050	171 447	176 141

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						142 621	147 792	151 670	154 578	156 759	158 395
Amounts Owed To Related Parties							3 988	3 283		134
Average Number Employees During Period							7	7	7	7	6
Bank Borrowings											50 000
Comprehensive Income Expense							1 755
Creditors						169 574	159 189	127 670	96 151	82 358	50 000
Financial Liabilities						169 574	159 189	127 670	96 151
Increase From Depreciation Charge For Year Property Plant Equipment							5 171	3 878	2 908	2 181	1 636
Net Current Assets Liabilities	47 132	112 332	274 295	337 003	316 067	325 033	321 575	294 121	239 058	146 571	206 958
Number Shares Issued Fully Paid							200 000	200 000	200 000	200 000	200 000
Other Creditors							3 988				21 705
Other Inventories						86 842	86 472	102 329	103 479	103 479	31 490
Par Value Share					1	1		1	1	1	1
Profit Loss							1 755
Property Plant Equipment Gross Cost						163 303	163 303	163 303	163 303	163 303	163 303
Taxation Social Security Payable						22 011	16 258	11 303	20 065	5 307	5 264
Total Assets Less Current Liabilities	109 417	159 537	317 205	370 050	341 021	345 715	337 086	305 753	247 783	153 115	211 866
Total Borrowings											50 000
Trade Creditors Trade Payables						64 816	31 095	23 898	62 910	76 917	57 969
Trade Debtors Trade Receivables						209 975	186 064	180 865	141 249	19 079	60 139
Creditors Due After One Year	240 143	112 624	196 000	196 000	169 574	169 574
Creditors Due Within One Year	270 633	297 944	132 409	157 432	96 997	86 827
Fixed Assets	62 285	47 205	42 910	33 047	24 954	20 682
Number Shares Allotted				200 000	200 000	200 000
Tangible Fixed Assets Additions		738	10 215	1 153
Tangible Fixed Assets Cost Or Valuation	149 205	149 943	160 158	161 311
Tangible Fixed Assets Depreciation	86 920	102 738	117 248	128 264
Tangible Fixed Assets Depreciation Charged In Period		15 818	14 510	11 016
Value Shares Allotted				200 000	200 000	200 000